In many industries, December is one of the quietest months of the year.
With the end of 2019 looming, most companies will choose to wind down operations, close the office early, and head home for the holidays.
There’s a tendency to spend December reflecting on the past four quarters and planning for the year ahead, whereas January represents a fresh start, with endless opportunities and renewed optimism after a restful break. That’s why January seems like the perfect time to hire new staff for your team.
This is a common belief amongst many organizations. However, we argue that it’s a mistake to wait until a new year begins. It may seem counterintuitive, but it actually makes more sense to focus on hiring before the end of the year. Here’s why.
Start the New Year with a Bang
By the time January rolls around, do you want your team easing back into the flow of things, or do you want them to be able to jump right in?
After a quiet December, January can be the busiest month of the year. Goals are set, sales kicks-off, budgets are made, and new products are released. Expectations are high, and over-indulged employees back from their breaks are under pressure to make up for a slow December.
To get right back to business, get your team sorted out before Q1 begins. This way you’re ready for a strong start as soon as 2020 rolls in.
Get the Jump on Your Competitors
It’s pretty standard for most organizations to hire in January, so it can be a scramble to recruit the best talent. Companies hiring this month have to be incredibly competitive when it comes to job offers.
Rather than joining the mad dash, get ahead of the competition by hiring at the end of the year. That way you can be ready to get right back to work in January, rather than spending valuable time and energy on staffing concerns.
Lost Time is Lost Money
Hiring the right employees for your organization can be challenging for even the most seasoned entrepreneurs. You need to have confidence in your employees, or you’ll always be looking over their shoulders and double-checking their work.
That time spent looking for great candidates, conducting interviews and negotiating terms of employment can mean a slow start with the other elements of your business. The beginning of January sets the tone for the rest of the year, so jump back into the important work with a strong team ready to get to work.
Prepare New Hires in Advance
By the time January rolls around, you’re probably itching to get back to business, so it can be frustrating to have to wait for new hires to adjust.
Rather than spending the start of the year getting staff up to speed, hire and train them before 2019 is over. This way you’re always staying ahead of the game.
Hiring in Q4 is a Proven Strategy Favoured by Industry Leaders
The most successful CEOs know that hiring in Q4 is the best way to set yourself up for a strong start to the new year. Onboarding staff in December is a great way to take advantage of the end of year lull some companies experience. Take advice from the pros: focus on acquiring new employees early.
Want to get a headstart in 2020? Contact our team to see how we can support your current staffing needs.